Question 1. A delivery truck is purchased new for $61,000. (a) Write a linear function of the form y=mt-b to represent the value y of the vehicle 7 years after purchase. Assume depreciated by $6530 per year. y = ? 2. Suppose that the vehicle is depreciated so that it holds 60% of its value from the previous year. Write an exponential function of the form y = V,6', where Vi is the initial value and is the number of years after purchase. X = ?
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